SpacePay is a decentralized fintech solution created to change the future of crypto payments. The London start-up offers various features that seek to solve the long-standing challenges that the crypto industry has been facing. These include volatility issues, complex solutions, high fees, a wide range of options for payment, and many more.
The goal of all this is to expand the use of cryptocurrency and make it accessible to those who are not encouraged to use it. It could also open customers up to a new type of people who are willing to pay with crypto.
SpacePay seeks to make crypto payments as simple as using cash. The platform features integration with existing trading payment systems and even point-of-sale machines to ensure easy adoption of its solution through existing platforms.
Users won’t have to spend money on new hardware or necessarily have to learn another complex way of making transfers since they can send money from their existing devices. They only need to integrate SpacePay’s Android-agnostic APK.
SpacePay protects users from volatility by converting crypto payments into fiat currency during the transaction. For example, when a customer pays $200 in Cardano (ADA), the merchant can receive the equivalent amount in USD immediately. With this, the fear of the ADA being dropping in value is eliminated.
SpacePay also has wide compatibility with more than 325 wallets. This makes it possible for many people to pay from their desired wallet that they are already used to.
Additionally, the service only charges a small merchant fee of 0.5% per transaction. There are also no hidden charges, as the developers try to be as transparent as possible with their pricing. In addition to this, transactions are instant, and there are no delays from the SpacePay solution.
Despite all these amazing features, the solution is fully decentralized and is not under the control of any central authority. Users have control over their private keys. This reduces the chances of theft and also increases trust since they know they have full control over their funds.
The SPY token is at the heart of SpacePay offerings. The token serves various transactional purposes within the community and at the same time grants some exclusive benefits.
SPY holders receive a monthly loyalty airdrop for being very active on the platform. This monthly airdrop will go to the most active wallet to appreciate them for their commitment. Holders of the token also have a say in the future of the ecosystem through the voting rights that SPY offers them.
New platform features are also used by SPY holders before anyone else. They also get to enjoy the platform’s revenue-sharing model, which pays users passive income from the project’s generated profit.
SPY holders also have the opportunity to attend 45-minute quarterly connection meetings where they meet with the SpacePay leadership team and discuss the future of the ecosystem. This will keep them abreast of information within the ecosystem and also make them involved in the whole growth process.
Holding the token also allows token holders to make a positive social impact. The platform matches all charitable donations made by $SPY token holders to pre-selected charities, effectively doubling the impact of community giving efforts.
The SPY token has a total supply of 34 billion tokens. Of these, 20% is to be sold in the ongoing presale so early investors can accumulate as they desire. 18% will be allocated for strategic partnerships and ecosystem needs, and another 18% will be for marketing and community building.
17% of the token is for user rewards and loyalty, 12% for a reserve fund, 10% for development, and the last 5% goes to the founders, showing their trust in the system they have built.
SpacePay’s presale is the entry point into using this next-generation solution. The platform is currently generating significant interest. It has raised nearly $1 million with SPY tokens priced at $0.002862.
To buy SpacePay SPY tokens:
JOIN THE SPACEPAY (SPY) PRESALE NOW
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